Prahlad Bubbar Limited
- Small
- Active
- 18 years
- 4 employees
- £832,955 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Prahlad Bubbar Limited, based in London, UK, is a small, active company established eighteen years ago in 2007. It employs just four people and holds assets valued at £832,955. The company operates from a real address and is led by two directors and one owner. It’s an irregular importer of art and antiques, with just one month of import activity recorded as of April 2018, but a regular exporter, boasting twenty-four months of export activity, with the latest in December 2024.
The company's website highlights a focus on Indian, Islamic, and Himalayan art, alongside photography, twentieth-century art and design, and contemporary works. It also features research papers, publications, and notable sales, suggesting a blend of commercial and curatorial activities. The site offers services related to art exhibitions and even includes a mailing list for updates. It’s clear that Prahlad Bubbar Limited operates as an art dealer and exhibition organizer, catering to collectors and enthusiasts.
Financially, Prahlad Bubbar Limited presents a mixed picture. Current assets have decreased by 15% to £830,000, and equity has fallen 14% to £390,000. Bank borrowings have decreased by 43%, and cash reserves have plummeted 72% to £32,000. Trade debtors have decreased by 49%, which could indicate improved collection rates, but creditors have increased by 19%, which could mean increased short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain flexibility, but the significant drop in cash reserves is concerning. There's no auditor mentioned, likely due to the small company exemption, so the figures are unaudited.
In short, Prahlad Bubbar Limited appears to be navigating a period of financial pressure, despite its established reputation in the art world. The company’s focus on exhibitions and sales suggests a business model reliant on market demand and successful transactions—something that can be tricky.
Registered in England/Wales under the registration number 06060100, with a registered address at NW6 1JP, United Kingdom, London, Flat 10 Marlborough Mansions, Cannon Hill.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
- 1
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 6 pages pdf report
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Confirmation statement made on 2025-01-22 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-03-31Download 6 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Prahlad Bubbar Limited
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